How venture capital firms are playing the DeFi boom thus far in 2020

Quick Take

  • Over the past six months, The Block has identified at least 17 DeFi protocols that have received funding for their projects
  • The month of July, alone, had six deals, the same as the total number of deals from March to May 
  • With the recent success of DEXs, derivative equivalents may be the next category to pay attention to, three projects have received funding in the past six months

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